What is the significance of NFT in the blockchain world? | Roast Star Selection

特邀专栏作者

2021-01-12 17:13 (UTC+8)

This article is about 1463 words, reading the full article takes about 3 minutes

The ID card of each of us is an NFT, which is worthless in itself, but we must use it in combination with other scenarios, and it becomes the indispensable user.

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The ID card of each of us is an NFT, which is worthless in itself, but we must use it in combination with other scenarios, and it becomes the indispensable user.

The recent currency circle can be described as very lively. NFT, DeFi, and privacy protection projects have been launched continuously, vigorously driving the rapid growth of the entire blockchain market.

However, many people who use DeFi look down on NFT, thinking that it is just a niche product and will not form a major trend. In fact, it is not the case. NFT has not yet become popular in China. I take the art market as an example to analyze the following main points: reasons:

1. Insufficient atmosphere in the art trading market;

2. The protection of property rights is not as perfect as in foreign countries;

3. Most exhibitions are mainly for viewing, and few people buy;

4. There are very few special art auctions;

5. Art itself is regarded as a niche field.

NFT (Non-Fungible Token) is unique and has a fixed number of similar products. Unlike currency, which can be issued additionally or perform various financial attribute applications, this is why people are not optimistic about it.

The scope of artworks is actually very wide, covering various fields such as art, photography, music, text, etc. The main way they can generate practical benefits is through copyright sales or auctions, and this point, blockchain enthusiasts who have used OpenSea can understand feel.

But the main problem with domestic restrictions on artworks is that copyright awareness is not strong enough, and people simply feel that it is just a rich man's game. In foreign countries, a complete auction system has been formed starting from works of art such as Picasso and Monet, and people have the awareness of paying to buy copyright works.

The blockchain field is actually helping people solve this problem. After our works are ready, they can be directly uploaded to the chain, and we have this unique deposit code, which represents our own copyright attributes.

But there is still a value issue involved, how to realize the copyright? This problem is actually the reason why so many people who do art turn around halfway. If they can solve the problem of monetization and make the works more valuable, they will also have more funds to create better works.

NFT is actually the best solution for now. Why did I use a large amount of text to talk about the field of art? In fact, NFT is the most practical for art. If it is first used in limited edition sneakers and limited edition bags, it will only make it a rich man's game.

The biggest doubt now is that regarding the value anchoring of NFT assets, it can be seen from observation that the issuance of NFT is relatively simple, and even an NFT can be produced only by paying the cost of real-time Gas fees, although it is unique. But how to evaluate its value is the concern of investors who have entered the blockchain industry for a long time.

Currently there are WHALE (NFT+social), DEGO (NFT+DeFi), BCA (NFT+exhibition), ConFi CITY (NFT+blind box), OpenSea (NFT trading market), NBA Top Shot (NFT+sports), SandBox (NFT+sandbox Games), Axie Infinity (NFT+game), NFTfi (NFT+loan), Reality Cards (NFT+prediction), ROCKI (NFT+music), OVR (NFT+AR) and other different NFT combined projects appear,

But the development of NFT itself will not explode instantly and become available to everyone, just as the share of art in the entire economic market is actually a very small part.

These projects have brought more development ideas to everyone, and also let us see more possibilities of NFT. NFT is facing many uncertainties on the road of continuous development. Now it is just the beginning, and it has already derived There are so many categories, such as NFT asset on-chain and NFT certificates in reality, I believe it will be gradually realized in the future.

Of course, there are now many NFT projects that are hyped for profit and have also entered the public's field of vision. This is what we want to keep an eye on.

In the long run, we need to study its actual breaking point in depth, because not every NFT asset can generate value. For example, each of us's ID card is an NFT. It has no value by itself, but it can be combined with other scenarios. We have to use it, it becomes the indispensable user.